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Further
Reading ...
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Joint Venture Marketing: What And Why - Catherine Franz
What is a Joint Venture? A joint venture is an agreement in which two or more businesses work on a project for a set period of time. It is usually with a specific project or a goal in mind. Joint ventures can be long-term, like promoting a product...
How About MANAGING Your Own PR? - Robert A Kelly
Please feel free to publish this article and resource box in your ezine, newsletter, offline publication or website. A copy would be appreciated at bobkelly@TNI.net. Word count is 995 including guidelines and resource box. Robert A. Kelly © 2003. ...
Why You Should Want to Pay for Content on the Web - John Calder
© 2004, John Calder http://www.TheEzine.net I know what you are thinking. "Why should I pay for content when I can get content online on any subject imaginable --- and I can get it for free?" If you are running an online business and you are...
Book Review: Manners That Sell - Bonnie Jo Davis
About The Book: Title: Manners That Sell: Adding The Polish That Builds Profits Author: Lydia Ramsey Publisher: Longfellow Press, Savannah, GA Publisher Address: P.O. Box 16545, Savannah, GA 31416, 912-598-9812 ISBN: ...
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Increasing Your Profits Through Re-Investment And Planning
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Written By:
Joe Bingham
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Once you've been working online for a while, or at least
investigated the idea, you'll realize that while there is profit potential
it's not the open pile of treasures for the taking that many hype
oriented advertisements would like you to think.
Instead, you'll realize that making profits online WILL require an
investment of your time and resources -- just like any other
business.
While it's true you can start with a much smaller financial investment
than traditional business, you're still going to have to come up with a
PLAN for your investment and for the USE of your profits.
INITIAL INVESTMENT
Jumping on the promise of immediate huge profits is ridiculous,
plain and simple. Take time to consider exactly what you'll have to
accomplish before you'll start to see some profits for yourself.
How many products do you need to sell or how many others do
you need to recruit into your downline before your initial sign up
cost is covered? How easy is that going to be to accomplish?
Do the commissions from your downline recur ever month or do
you continually have to bring new people into the business? Are
there consumable products that your customers will continue to buy
on a regular basis or are they one time sale items?
You need to consider all of these factors and make a plan for your
business. Set some goals. Your initial step should be to give
yourself a deadline to make enough sales or get enough recruits to
cover your own expenses. If you make your goal, then learn from
that experience to set realistic goals for making profits. If you fail to
make your goal of covering your own expenses or initial investment,
reconsider your involvement in the program or at least your
methods of promotion.
USING YOUR FIRST COMMISSIONS
What do you plan on doing with your commissions or profits when
you do start making them?
Most sales copy will set you to thinking of quitting your regular job,
buying a luxury car, and having time for extended vacations. Quite
often it's these dreams that are used for motivation in closing a sale.
Those are noble motivations, but let's get realistic. Sure, you can
get there, but not without a plan of action, and not in your first
week.
So, what are your goals for your initial business profits? Are you in
business to replace your current job? Are you looking for a
secondary income to help with some specific bills? Or are you just
interested in having some extra spending money on hand?
Either way, consider that a large part of your - continued below ...
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continued ...
initial profits may be
best utilized if directed back into growing your business. From
there, if you are looking to cover specific bills, determine how much
that will take while still leaving enough in your business for continual
promotion.
RE-INVESTING FOR HIGHER PROFITS
If you have larger expectations from your business, however, such
as replacing your current employment income, you'll need to
consider investing on a grander scale. In other words, if you
always spend your commission check as soon as you get it, waiting
for the day it's big enough you can 'fire your boss', you'll only be
putting that day off further into the future.
RE-INVESTING your money, or at least a reasonable portion of
it, either back into growing your business and/or in other financial
investment opportunities can increase your profits AND help you to
reach your income goals FASTER.
Take a few moments and think over what you REALLY want to
accomplish with your online business or your 'spare time' if that is
what you are also investing.
Where do you want it to take you and in what time frame? Do you
want immediate spending money, or are you willing to re-invest
your initial profits towards a larger payday further down the road?
Just like your downline recruiting others for you grows your
business faster than you could on your own, RE-INVESTING a
portion of your commission checks or profits can further advance
you toward meeting your ultimate goals -- and at a faster pace.
Think about it. It may not be part of the traditional Internet
marketing hype, but it does make good business sense.
-------------------------------------------------------------------
What if you could COMBINE the Security of Investing with the
Power of Affiliate Marketing? Make money, then learn and apply
sound investment practices -- ALL from ONE place.
SECURE your financial FUTURE today at:
http://lcoffie1.cashevolution.com/
Written by Joe Bingham of the NetPlay Newsletter
NetPlay -- THE Ezine for READERS!
http://www.netplaynewsletters.com
-------------------------------------------------------------------
About the Author
Joe is a widely published and acclaimed Internet
marketing author. Did you know you can put Joe's
writing to work promoting your business or web site?
Get details by visiting his site at:
http://www.netplaynewsletters.com/aws.html
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| _Additional Resources ... |
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Why Training Fails - Steve Kaye
Sometimes when I conduct my workshop on Effective Meetings, one of the participants will ask, "Where's my boss?" And I say, "Your boss claimed to be an expert on holding effective meetings." Then the person laughs. "My boss needs to attend your...
Network Marketing Opportunities-The 7 Top Things to Find Out and Ask about an MLM Company - Doug Firebaugh
So, you have decided to jump into the Network Marketing Industry, and join a reputable company. Great Move! It will open up doors in your life that you never knew existed, and the personal development you will experience will be amazing. But you...
Get to Know Your Competitors Using Alexa - Megan Corwin
All great marketers know that in order to be the top in your field you need to know your competitors. But researching each one can be time consuming and a treasure hunt at best. Using Alexa (www.alexa.com) can be an invaluable tool for you to...
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